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Active - House for sale

102 Masonic Dr, Elgin, TX

Facts & features

House Property type
385 days on Beycome
14,401 sqft Lot size

Why you’ll love it

  • Oversized lot
  • Cul-de-sac
  • No HOA

This oversized R-3-zoned lot spans more than 14,000 sq ft—nearly twice the size of nearby parcels—and is approved for single-family, duplex, or manufactured home development within Elgin city limits. Situated on a quiet cul-de-sac just minutes from downtown Elgin, 102 Masonic Drive offers an exceptional opportunity for investors, builders, or homeowners seeking flexibility and location. City water and sewer are already in place, and the property sits high and dry in Flood Zone X, safely outside the 100- and 500-year floodplains. The existing 1945 structure can be removed or incorporated into a new build, offering multiple paths for redevelopment. With no HOA and duplex construction allowed by right, the property provides immediate potential for rental income, resale, or infill development. Elgin has quickly become a key player in Bastrop County’s transformation—one of Central Texas’s most dynamic growth corridors. Supported by major investments from Starlink, The Boring Company, and X, plus expanding manufacturing anchors such as Carr Lane Manufacturing and Yerico Industries, the region is attracting billions in new development. Nearby projects like Silo Ranch and Epitome at Elgin are bringing new housing, retail, and industrial space, while the county’s $43 million broadband initiative and designation as a Texas Media Production Zone are fueling long-term innovation and job creation. Combining small-town charm with direct access to US-290 and SH-130, Elgin delivers strong connectivity and steady population growth—making this property an ideal platform for investors to build now and benefit from the city’s accelerating momentum.

Translating description...

Listings courtesy of LoKation Real Estate, LLC as distributed by MLS GRID.

Listed by: Connor James • (512) 559-3294 • LoKation Real Estate, LLC

Co-listed by: LoKation Real Estate, LLC

Source: Unlock MLS as distributed by MLS GRID, MLS#: 4835630 Unlock MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 1:33 AM EST.

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Affordability

$90,000$190,000
1%20%
0%90%
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Estimated monthly payment

$1,054/mo

  • Mortgage$708
  • Property tax$346
  • HOA fee
  • Homeowners insurance
Due at closing$111,300
Down payment held in escrow$28,000
Closing costs$2,100
beycome credit Est.$2,800

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Masonic

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 01:33am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$140,000 Listed price

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